Press Coverage

Innovative Retail, which runs BigBasket, has more than doubled its business to cross the INR 1,000-crore sales mark in FY17, indicating the growing preference for online grocery-shopping in India despite sluggish trends in the broader consumer market. Innovative Retail reported revenues of INR 1,090 crore in the year to March 2017, translating into a 107% jump from INR 527 crore…

US lifestyle and footwear brand Skechers has filed cases against ecommerce marketplace Flipkart and four sellers on its platform for allegedly selling its counterfeit products, an issue that has grown exponentially after the rise of online marketplaces in India. Skechers, with the help of court-appointed local commissioners, raided seven warehouses in Delhi and Ahmedabad to recover fake merchandise from sellers…

Starbucks Corp., the world's largest coffee retailer, posted its slowest sales growth in India last year, likely indicating that its novelty factor is waning as it focuses on profitability and halts aggressive expansion. Tata Starbucks, the unit in India formed in partnership with the Tata Group, clocked net sales of Rs 272 crore, a growth of 14%, during the year…

Click Here for Original Source - Fibre2Fashion Ruchi Sally, director of Elargir Solutions Pvt Ltd, tells Fibre2Fashion.com about the global fashion and retail industry, its strengths and challenges and the solutions it offers to clients worldwide. What is the size of the global apparel and fashion retail industry? How much of this is claimed by India? The global apparel…

Click Here for Original Source - Fibre2Fashion News Desk The Trans-Pacific Partnership (TPP) was announced earlier this month. As per this agreement, exporters from TPP member countries will get preferential access in the US market vis-a-vis exporters from non-TPP member countries such as India. This would put Indian textile exporters in a disadvantageous position, industry experts have said. The Trans-Pacific…

Tata group’s multi-brand phygital e-commerce platform, TataCLiQ.com has launched a first of its kind photography store called ‘Shutterbug Lounge’, which will feature the best camera brands for sale. Customers can order online on TataCLiQ and get the items home-delivered, or pick them up at designated stores, a model the company calls “phygital”, a combination of physical and digital. The lounge…

Technology giant Google has launched a new food delivery and home services app for the India market, debuted Areo, marking its entry into the hyperlocal, on-demand services space in India. The app, which provides a range of services such as food delivery, home maintenance, fitness and electrical repairs, is operational in Bengaluru and Mumbai. The app is currently available on…

Nykaa, a multi-brand e-commerce beauty platform, has launched its first brick and mortar store in Mumbai at Infiniti Mall. The company has aimed to open 30 offline stores across India by 2020, with Omni-channel approach to beauty retail. The store features brands including Estée Lauder, Clinique, L’Occitane, Ciaté, L.A. Girl among others. Nykaa said, it has a current run rate…

Press Coverage

Innovative Retail, which runs BigBasket, has more than doubled its business to cross the INR 1,000-crore sales mark in FY17, indicating the growing preference for online grocery-shopping in India despite sluggish trends in the broader consumer market. Innovative Retail reported revenues of INR 1,090 crore in the year to March 2017, translating into a 107% jump from INR 527 crore…

US lifestyle and footwear brand Skechers has filed cases against ecommerce marketplace Flipkart and four sellers on its platform for allegedly selling its counterfeit products, an issue that has grown exponentially after the rise of online marketplaces in India. Skechers, with the help of court-appointed local commissioners, raided seven warehouses in Delhi and Ahmedabad to recover fake merchandise from sellers…

Starbucks Corp., the world's largest coffee retailer, posted its slowest sales growth in India last year, likely indicating that its novelty factor is waning as it focuses on profitability and halts aggressive expansion. Tata Starbucks, the unit in India formed in partnership with the Tata Group, clocked net sales of Rs 272 crore, a growth of 14%, during the year…

Tata Group is venturing into online grocery business under Starquik brand, taking on Amazon and Bigbasket in a nascent yet rapidly growing market. A pilot venture will be rolled out within the next two months as an online channel for Trent Hypermarket, an equal joint venture between Tata and British retailer Tesco, said two people privy with the development. Tata…

As India being world’s second most populated country, it is an attractive market for US and European brands and has attracted some of the world’s largest private labels that are banking on young consumers increasingly embracing western-style clothing. Swedish fashion retailer Hennes & Mauritz’s formerly known as H&M sales in India during the six months ended May exceeded that of…

The world's largest clothing brand Zara, entered the country in 2010 and initially doubled sales every two years. With average sales per INR 50 crore, the apparel retailer's performance is even higher than India's largest jewellery chain, Tanishq. More Zara stores are planned over the next three to four years in the major cities, after two additions last year took…

GrocerMax, founded by Gaurav Juneja and K Radhakrishnan about two years ago, is a hybrid platform for grocery that keeps only 10% inventory, sourcing the rest from supermarkets and provisional stores in real time. The Tata group is buying out the management team and technology infrastructure of Gurgaon-based GrocerMax to enter the online grocery business as consumers increasingly place orders…

MUMBAI: Reliance Retail is launching stores where women can buy apparel, footwear, cosmetics and jewellery and then take the pressure off at a salon or café, all under one roof. Called Project Eve, the experiential stores will stack in-house and global brands and compete with the likes of Shoppers Stop and Lifestyle, two executives involved in the store launch told…

Amid the election season and increasing debate on nationalism, an apparel brand that mainly thrives on Indian cultural celebrations and festivities has quietly overtaken its global peers without preaching what Indians should wear. Vedant Fashion, that owns ethnic brand Manyavar, has posted a net profit higher than Zara, which until last year was the most profitable apparel brand in the…

Click here for original Source - Economic Times Alibaba is currently engaged in talks for a possible partnership with the Indian conglomerate Tata Sons, the holding company of the Tata Group, in order to boost its ecommerce operations in the domestic market. Alibaba Group is looking to set shops in India and has broached Tata Sons in this respect, bussinessinsider.in…

Click Here for Original Source - Seattle Times Until last year, all of Bhanu Priya’s sales of laptop computers came from customers who climbed two floors to her store in a dilapidated New Delhi building. Now, she gets an additional 3,000 orders a month from the Internet and has hired 10 people to handle the new business. Amazon.com, eBay…

Click Here for Original Source - Business Insider If the Alibaba -Tata deal breaks through, this would mark a new high in the Indian online industry. The Chinese ecommerce giant is looking to set shop in India and there is a possibility that it will enter into a partnership with Tata Sons for the same. As per reports, Alibaba Group…

Click Here for Original Source - First Post Competition is hotting up in India's fashion retail segment. Even asseveral global brands like H&M, Gap and Children's Place are finalising their India investment plans,Italian brand Benetton has overtaken Levi's to emerge the largest international fashion brand in the country for the first time last fiscal, a report in TheEconomic Timessaid today.…

Click Here for Original Source - Economic Times MUMBAI: Major Brands, Indian franchisee for over a dozen marquee fashion brands including Mango, Aldo, Charles & Keith and Nine West, is struggling to keep pace with main rivals as its expansion has slowed amid speculations that its promoter is shifting focus to the more lucrative Middle East market. Major Brands —…

Click Here for Original Source -India InfoLine Walmart India’s revenue abated to Rs 2,992.7 crore in 2014, making it decline by 32 per cent and the losses got shrinked further to Rs 232 crore considering no new stores were opened during the year, as per filings with the Registrar of Companies. The wholesale company posted its first ever sales…

Click Here for Original Source - First Post Last month Indian e-commerce giant Flipkart launched its indigenous tablet brand - Digiflip Pro - to take on similar products from competitors like Google and Amazon. The move is the latest in a series of Flipkart initiatives that seem uncannily similar to its biggest market rival, Amazon India. From services launched…

Click Here for Original Source - Economic Times MUMBAI | NEW DELHI: Chinese ecommerce giant Alibaba has approached Tata Sons for a possible partnership as it looks to set up shop in India later this year in a development that looks set to shake up the country's rapidly growing online retail market. Alibaba Group president Michael Evans and global managing…

Click Here for Original Source - BloomBerg That sweet and milky tea concoction called chai is getting an image makeover in India. Driving the change is the other beverage -- coffee. Rising incomes and demand for a refined experience transcending chai are spawning posh tea lounges in the nation’s biggest cities, a transformation mirroring 15 years of coffee revolution…

Click Here for Original Source - BloomBerg That sweet and milky tea concoction called chai is getting an image makeover in India. Driving the change is the other beverage -- coffee. Rising incomes and demand for a refined experience transcending chai are spawning posh tea lounges in the nation’s biggest cities, a transformation mirroring 15 years of coffee revolution that…

Click Here for Original Source - Economic Times MUMBAI: Starbucks, the world's largest coffee retailer, posted per-store sales that were more than two-and-a-half times higher than its largest rival during its second full year of operations in India, thanks to its premium pricing and locations that attract more customers. While losses have narrowed, profitability remains a challenge, with each store…

Click Here for Original Source - Economic Times MUMBAI: Aditya Birla Retail reported a 15% increase in its sales for the last financial year but it continues to pile up losses, according to latest available numbers. The retail arm of the Aditya Birla Group posted Rs 2,893-crore sales for the year ended March 2015 and its losses reduced 5% year-on-year…

Click Here for Original Source - Economic Times MUMBAI: Flipkart posted a loss of about Rs 2,000 crore in the year ended March, amounting to a fifth of its rapidly rising sales, as the country's largest online retailer spent heavily to fund discounts to win customers and stay ahead of rivals Snapdeal and Amazon India while investing in back-end operations.…

Click Here for Original Source - Hungry Forever Big Bazaar, India’s largest supermarket chain, will offer discount schemes in the first 8 days of the month in an attempt to compete with Amazon’s grocery delivery service, Amazon Now. The program will reward customers who purchase goods worth Rs. 2,500 between 1st and 8th of every month with vouchers worth…

Click Here for Original Source - Economic Times MUMBAI | NEW DELHI: India's ecommerce leader Flipkart will drastically scale down contribution of WS Retail, still the largest seller on its platform, to conform with new rules that stipulate no vendor can account for more than 25% of total sales on an online marketplace. This process will take place in…

Click here for original Source - Economic Times “The issuance and allotment for shares up to Rs 500 crore will be in one or more tranches within a period of twelve months,” the filing said. MUMBAI: Aditya Birla Group chairman Kumar Mangalam Birla and his family plan to invest Rs 500 crore in the group's food and grocery business…

Click Here for Original Source - Business World “…more than 90% of the individuals working from cafes end up generating an average bill value for cafes that is equivalent to or more than the per day rental at a business centre.’’ Cafes, Pubs/Bars/Club and Lounges (PBCL) stand to increase revenue by at least 15,000 rupees per person per month according…

Click her for Official Source - Economic Times MUMBAI: Kishore Biyani's Future Group will launch a discount scheme on the first eight days of every month at the country's largest supermarket chain Big Bazaar in the most aggressive attempt yet by a major traditional retailer to compete headon with Amazon and Flipkart that recently entered online grocery retailing. On Friday,…

Click here for original Source - Economic Times The world’s largest retailer is keen to sell food products directly to Indian consumers both by setting up brick-and-mortar as well as online stores. MUMBAI | NEW DELHI: Walmart, the world's largest retailer, is interested in selling food products directly to Indian consumers both by setting up brick-and-mortar as well as…

Click here for original Source - Economic Times MUMBAI: Lifestyle product online retailer Jabong's loss shrank to about a third in 2015 from a year earlier after a clampdown on discounts, which also slowed sales growth to 7%. The fashion retailer posted a gross loss of Rs 46.7 crore on revenue of Rs 869.1 crore, parent company Rocket Internet said.…

Click Here for Original Source - Fibre2Fashion Ruchi Sally, director of Elargir Solutions Pvt Ltd, tells Fibre2Fashion.com about the global fashion and retail industry, its strengths and challenges and the solutions it offers to clients worldwide. What is the size of the global apparel and fashion retail industry? How much of this is claimed by India? The global apparel…

Click Here for Original Source - Fibre2Fashion News Desk The Trans-Pacific Partnership (TPP) was announced earlier this month. As per this agreement, exporters from TPP member countries will get preferential access in the US market vis-a-vis exporters from non-TPP member countries such as India. This would put Indian textile exporters in a disadvantageous position, industry experts have said. The Trans-Pacific…

Tata group’s multi-brand phygital e-commerce platform, TataCLiQ.com has launched a first of its kind photography store called ‘Shutterbug Lounge’, which will feature the best camera brands for sale. Customers can order online on TataCLiQ and get the items home-delivered, or pick them up at designated stores, a model the company calls “phygital”, a combination of physical and digital. The lounge…

Technology giant Google has launched a new food delivery and home services app for the India market, debuted Areo, marking its entry into the hyperlocal, on-demand services space in India. The app, which provides a range of services such as food delivery, home maintenance, fitness and electrical repairs, is operational in Bengaluru and Mumbai. The app is currently available on…

Nykaa, a multi-brand e-commerce beauty platform, has launched its first brick and mortar store in Mumbai at Infiniti Mall. The company has aimed to open 30 offline stores across India by 2020, with Omni-channel approach to beauty retail. The store features brands including Estée Lauder, Clinique, L’Occitane, Ciaté, L.A. Girl among others. Nykaa said, it has a current run rate…

Walmart Stores Inc would consider opening physical outlets and selling products online if New Delhi allowed overseas supermarkets that directly sold Made-in-India products to consumers. Walmart currently operates 21 of its Best Price branded wholesale chain in the country. The retailing giant had bought the 50% share from Bharti Enterprises in the cash-and-carry joint venture after the alliance ended in…

Amazon Global ecommerce giant said it would continue to focus on every geographic segment of India's online retail market in response to the Flipkart which is targeting the country's vast rural hinterland and smaller cities as its future growth markets. Amazon sells more than 100 million products -books, electronics, grocery, fashion and lifestyle, and dozens of other categories -and the…

Multiplex chain PVR Cinemas joined its hands with HP India, on Monday, to launch Asia's first HP Virtual Reality (VR) Lounge at PVR ECX, Mall of India, Noida PVR customers will now experience a new dimension of entertainment while they wait for their film to begin. With this initiative PVR becomes India's first multiplex to bring in a never-before experience…

Ralph Lauren, premium US lifestyle product company, was founded 50 years ago. The company is in an advanced stage of negotiations with Aditya Birla Fashion and Retail for an Indian debut through the franchisee route. Its first store in India is likely to open in the Emporio at Chanakyapuri in New Delhi’s diplomatic enclave. The property earmarked to be Ralph…

The Spanish fast-fashion brand and the world’s largest fashion retailer, Zara will start selling online in India—one of the world’s fastest growing market for e-commerce. Zara is one of the fastest growing apparel and lifestyle brands in India and had a revenue of INR 842.57 crores in the year to 31 March 2016, up 17% from the previous year. Inditex,…

The Future Group of Kishore Biyani has almost doubled its market capitalisation in the past three months that witnessed consistent value erosion at online shoppers Flipkart and Snapdeal. The group has pioneered the organised retailing in India. Three listed entities of the group now have a combined valuation of INR 21,833 crore, more than that of Shoppers Stop, Trent and…

Mobile wallet player MobiKwik has tied up with dairy firm Verka to facilitate cashless payments at 525 retail outlets across Punjab. Verka is Punjab-based flagship brand of the Punjab State Cooperative Milk Producers' Federation Ltd popularly known as MILKFED. It is a leading dairy player in Punjab with 75 per cent share of the organised market. The company has over…

Paytm today has announced its partnership with IIT Kanpur under the company's ‘Cashless Campus’ initiative. Paytm said it has enabled its QR code-based cashless payment solution across various offline touch-points within the IIT Kanpur campus including hostel canteens, medical store, tea stalls, book stalls and cycle repairing shops among others. The company said they believe this partnership will help students…

Cashkaro, a coupons and cashback platform, looks to expand to South East Asian markets, starting from Singapore. The company also looks to expand its customer base inorganically by partnering with banks and other avenues. The startup would also launch a mobile app soon, which would redirect the purchases to the apps of other e-ecommerce players and tie up with the…

McDonald’s will add kiosk ordering and modified table service at where once the meal is prepared; a staff member brings it to the patron’s table. It is moving away from its quick service restaurant image by rolling out digital self-order kiosks, table service and decor change that could give an impression of a regular dine - out place. That’s in…

After Tamil Nadu, now a section of traders in Kerala has called for a ban on sale of soft drinks made by Coca-Cola and PepsiCo, starting March 14. The traders’ body instead wants to promote locally-made beverages. The allegations are based on a severe drought in Kerala, and the traders alleged that both the multinational cola firms have been depleting…

Shoppers Stop will shut or relocate unprofitable outlets and redesign some, as the nation’s largest department store chain seeks to spur growth by attracting young consumers who may have moved to fast-fashion rivals or online. Another challenge that Shoppers Stop and every other retailer is facing is the pressure from increasing discounts that e-commerce players are offering. Govind Shrikhande, Managing…

Indian Handicrafts is increasing its presence in China Market with China demanding more of metal –based craft and printed items. Handicrafts exports are likely to more than double from 308 Crore in FY15 to 650 Crore in FY16. At a time when Chinese imports have flooded the Indian market, India is managing to push its handicraft there in much bigger…

As the online fashion market is growing in India, Marks & Spencer’s launched its online store on Amazon. The trends of shopping are changing for the Indian customers and thus to respond to such changes, Marks & Spencer’s have made this move. The brand has presence on Myntra and Ajio. The company said, its launch on Amazon is in line…

Samuel Johnson got it wrong: Patriotism is the last refuge of the unprofitable. The Indian e-commerce giant Flipkart Online Services lost Rs 23 billion last year, and so its co-founder and executive chairman, Sachin Bansal, has suddenly morphed into a great champion of local companies. "We need to take a more India-centric approach" to regulation, he told a Bengaluru audience…

Bombay Dyeing, a Wadia group company, has decided to shift its focus on retailing home décor items and move out of the textile manufacturing business. The company shut its textile manufacturing plants over the last two years and began sourcing its products on franchise basis. It has partnered with 10 large manufacturing companies and a number of small manufacturing firms…

Starbucks has always pushed boundaries. Earlier this year its mobile app killed queuing for tens of thousands of customers, but now Starbucks wants to go even further. Pretty soon, Starbucks is going to have to build new cities to fit all its stores. The company, which has 25,000 stores worldwide, told investors yesterday that it plans to open 12,000 stores…

In the past, youth achieved success through only professional endeavors. Growing older meant resources getting depleted or divided and ambitions getting dampened. Yes, it's still true for most of us but some people still dare to swim against the currents and reach the shore in their ambitions. Those of us who grew up in this tech age have way bigger…

After Paytm replaces its app PoS feature with P2P payment system for merchants, Paytm to merge its wallet service with payments bank. Under the updated feature of P2P system for merchants, merchants can choose the “Accept Payment” option on the Paytm app and enter the customer’s mobile number and amount details. This will trigger a secure link sent by SMS…

NEW DELHI: For millions of Indians who made their first mobile phone call with a Nokia phone, nostalgia is about to hit again. A new array of Android smartphones adorned with the ever-recognisable Nokia brand will be made available by June 2017, made by former Nokia employees under a new company – HMD Global. India, the world’s fastest-growing smartphone market,…

NEW DELHI: After food tech, education tech and logistic-tech companies, investors have shifted their interest in fashion-technology start-ups and Indian entrepreneurs are using tricks learned from social media to create fashion communities that together discover, share and, most importantly, buy. While the fashion e-commerce space is already crowded, there are few unique fashion tech start-ups that are opening exclusive world…

Dry ATMs and difficulties to get small changes for Rs 2,000 notes have prompted Nashikities to buy points of sale (PoS) machines in a bulk to bring business back on track. From small-time traders to owners of grocery shops, restaurants, photo studios and even “misal” corners in Nashik have started buying PoS machines and empowering their customers with the card…

MILAN: Alessandro Benetton, the son of one of the Italian fashion brand's founders, has quit the Benetton Group board in a move that has raised union concerns about the company's future. The fashion company on Monday confirmed the Benetton heir's exit, calling it "a regular part of the rotation within the board." Alessandro Benetton is the son of Luciano Benetton,…

Click Here for Original Source - Economic Times AHMEDABAD | MUMBAI: Even as online payment biggies are having a field day, thanks to demonetisation, there are a handful of startups that are mixing business and charity to cash in on the cash crunch. Startups like Pastiwala, Poletalks, BookMyChotu, FreshToHome, Healthians and Swiggy have stepped up to ease the discomfort around…

NEW DELHI: A huge wail of distress is being heard from small and medium business enterprises across India that have been hit hard by the demonetisation of high-value notes. Alarmed by the drastic fall in trade, commerce and business activities by around 75 percent post-demonetisation, traders in Maharashtra have demanded various types of concessions to help tide over losses since…

Click Here for Original Source - Economic Times BENGALURU: Indian sellers who are a part of the global selling programme on Amazon have shipped 10 lakh units ahead of the annual Black Friday and Cyber Monday sales in the US, one of the largest shopping events which are now predominantly online. The 'made in India' range of products across 25,000…

BENGALURU: Singapore-based e-commerce firm Shopmatic on Tuesday launched a mobile app "GO" for the Indian sellers that enables them to create an e-commerce website in less than two minutes with three easy steps. Click Here for Original Source - Economic Times The free app will allow all individuals and merchants to develop online stores by putting up pictures of their…

Presence in Mumbai and Singapore

Presence in Mumbai and Singapore

Crafted in Mumbai-India, Elargir Solutions started with Brand Business development not in a traditional way but creating its own space working collaboratively with the brand/company. Within a year of its inception having clear focus on retail, we worked with international brands like Apple [APR India distributors],Reliance, Natural’s [Kamath Retail], and many other MNC brands/companies. Elargir, is now a leading retail consulting company advising brands and investors on new market entry, entry in retail sector, market research, e-commerce development, doing mystery audits, Marketing and distribution, Souring partner in Singapore and operating its own Proprietary retail platforms. With a vision to be a leading Retail Consulting & Services Co, we have established well in Singapore and India Markets.

About élargir

Elargir Solutions was established with the vision to create real value for its customers by providing them specialised services in Industry. Our 'Focus on retail related Industries' & 'Passion' to work in a specialised domain differentiates us and creates the competitive edge among others.